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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: rdkflorida2 who wrote (4846)6/12/2017 2:59:33 PM
From: berniel  Read Replies (1) | Respond to of 26730
 
Still didn't hear how they are going to help poor high school graduates. Who cannot afford community college or col lege. Get into an apprentiship program. Still caters to the corporations shutting out families,wWith high school graduates and no money..
JMO



To: rdkflorida2 who wrote (4846)6/13/2017 12:51:42 PM
From: Kirk ©  Respond to of 26730
 
I believe the chart shows average prices so to average $29 for some shale, many have to be even lower.
Supply continues to grow and demand growth is no where near what is claimed. At one time there were 64 tankers off of the coast of Singapore. Also, when you hear people saying the cost of production is in the $40s for most crude, do not believe them. New tech has brought the cost down in the low $20s for some producers
This should help keep inflation reasonable.
.


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